Azizi Developments, a major private developer in the UAE, has signed a Memorandum of Understanding (MoU) with Siemens, the German technology corporation, to improve the energy efficiency of its smart buildings and strive towards a more sustainable, net-zero future. Siemens will strengthen Azizi's pursuit of - and emphasis on - sustainability in its communities as part of this newly formed collaboration, which will include digital transformation, energy efficiency, sustainable architecture, smart communities, and cutting-edge water-treatment technologies, among other things.
Mr. Franco Atassi, Chief Executive Officer of Siemens Smart Infrastructure in the Middle East, and Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments, signed the MoU on Monday, September 4th, 2023, at Azizi Developments' offices on the 13th floor of the Conrad Hotel, Sheikh Zayed Road, in the presence of senior management figures from both parties, the media, and other stakeholders.
Siemens is a technology firm that specializes in industry, infrastructure, transportation, and healthcare. Its Smart Infrastructure division is influencing the market for intelligent, adaptive infrastructure for the present and future. By integrating energy systems, buildings, and industries, the firm addresses the pressing concerns of urbanization and climate change.
Mr. Farhad Azizi, CEO of Azizi Developments, said: “Embarking on this important journey with Siemens is a major stride towards a horizon of innovation and sustainability. This MoU is a testament to our commitment to shaping skylines that embrace a greener future. As the UAE takes center stage at COP28, we are joining forces with Siemens to compose a symphony of sustainable buildings and communities. This partnership echoes our vision for urban landscapes that harmonize with the environment and resonate with global sustainability goals."